Key Features
- - Loan amount: usually Rs 1 lakh to Rs 1 crore (varies by lender).
- - Interest rate: typically 9.99% to 17.99% per year and Depends on your credit score, income, and lender
- - Loan Tenure: usually 1 to 5 years (can go up to 7 years in some banks).
- - EMI (Equated Monthly Installment): Fixed monthly payment, Includes both principal + interest